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British Horseracing Authority chief executive Paul Bittar conceded he had "sympathy" with the cause but that trainers were wrong to boycott the concluding race at Worcester on Wednesday evening over prize-money levels.
Twelve runners were declared for the partex-direct.co.uk Novices' Hurdle, but as the contest did not meet the tariff set by the Horsemen's Group, 11 horses were taken out, including those trained by Charlie Mann, David Pipe, Nicky Henderson and Donald McCain.
The Nigel Twiston-Davies-trained Moulin De La Croix cantered the final furlong to collect the prize-money, which would then be distributed among the trainers who would face fines for withdrawing their horses, with the rest going to the Injured Jockeys Fund.
Bittar told Channel 4 Racing: "My view is that we sympathise with the plight of trainers and the point they were trying to make, but don't condone the manner in which they went about it.
"We're working every day in respect of prize-money and funding for this industry. The issue is broader than one racecourse or one racecourse group. The issue for us is to put in place a structured framework that delivers a fair share of all racecourse revenues into prize-money.
"I had discussions with the NTF (National Trainers' Federation) last night and I went to see William Haggas this morning and had a chat with him about the situation and about a pathway forward.
"As I said, we sympathise (with trainers), but at the end of the day we want to put a structured framework in place to deliver decent prize-money levels for all British racing."
Given the huge sums of money on offer in the very top events in British racing, some argue that some of this should be distributed more evenly to benefit the lower-level contests.
Bittar said: "I don't think it's becoming top heavy. I think we need to make sure we have an aspirational racing product. We'd all be complaining if our better horses weren't able to stay and compete on British soil.
"I think we have to balance the idea that if you distribute prize-money more evenly, with what you might lose at the top end. I personally don't support the idea that we should downgrade the top end to support the lower end."